Modifies provisions relating to the use of certain tourism tax revenues
Voted Do Pass S Economic and Workforce Development Committee
Summary
The bill replaces Missouri’s existing tourism‑tax rule with a new system that deposits all tourism taxes into a dedicated trust fund. Seventy‑five percent of the revenue must be spent on constructing and maintaining tourism‑related infrastructure, while the remaining twenty‑five percent funds tourism marketing. Municipalities may only impose these taxes after voters approve the measure.
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